Resolved — plan approved
3Acquirer shown where the approved plan names one. Figures shown for outcomes in the last two quarters — the full financial record is member data.
| Corporate Debtor | Role / Appointed | Admitted | Realised | Rec vs LV | Duration |
|---|---|---|---|---|---|
|
NIIL Infrastructure Private Limited
U45400DL2007PTC201844
→ acquired by consortium of Shilendra Khirwar and Rishabh Varma having technical partnership with N-Homes Private Limited
|
IRP · Mar 2018
|
🔒 | 🔒 | 🔒 | 2y 7mo
to Nov 2020
|
|
SUNSTAR OVERSEAS LIMITED
U74899DL1995PLC064140
→ acquired by M/s Ajay Yadav & Co. through its SPV Umaiza Infracon LLP
|
IRP · Jul 2018
RP · Aug 2018
|
🔒 | 🔒 | 🔒 | 14 mo
to Sep 2019
|
|
MIDITECH PRIVATE LIMITED
U92112DL1997PTC088847
→ acquired by SpiceJet Merchandise Pvt. Ltd. ("SMPL") and Mr. Ajay Singh (collectively referred to as "RA")
|
IRP · Feb 2018
|
🔒 | 🔒 | 🔒 | 17 mo
to Jul 2019
|
Liquidation — order passed
2Liquidation mandates2on this professional's record
Taken to dissolution02 still in process
| Corporate Debtor | Role / Appointed | Admitted | Distributed | Rec vs Claims | Duration |
|---|---|---|---|---|---|
|
APEX BUILDSYS LIMITED
L45400DL1993PLC051603
|
IRP · Sep 2018
RP · Nov 2018
Liquidator · Jan 2020
|
🔒 | 🔒 | 🔒 | 16 mo
to Jan 2020
|
|
NCML Industries Limited
U65923DL1996PLC082284
|
IRP · Nov 2017
RP · Dec 2017
Liquidator · Mar 2019
|
🔒 | 🔒 | 🔒 | 16 mo
to Mar 2019
|
Duration = CIRP commencement to liquidation order. Figures shown for orders in the last two quarters — the full financial record is member data.
About this data: Figures come from the IBBI professional register, IBBI published data and public announcement records. Comparisons are medians across stressed.in's full IBBI universe. How every number is sourced, checked and corrected →.
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Claim profile →Activity & context · vs India's IP universe
Activity — mandate count5 mandates on record
Recovery vs liquidation value124.0%
IBBI cumulative across all CIRPs since 2016: 166.6% · same basis, realised ÷ liquidation value
Mandates that beat the liquidation floor3 of 3
Typical time to outcome16 months
national median 16 months · median of 5 concluded mandates
Computed across stressed.in's IBBI universe — 8,500+ CIRPs · 5,400+ registered professionals; updates as records load. Ranks count mandates only and are not a quality score — recovery and duration depend on each company's condition and case mix as much as the professional.
Role mix
Resolution Professional8
Liquidator2
Of these, 5 began as an IRP appointment — the interim role the tribunal fills on admission, before the committee of creditors confirms or replaces it.
Benches — his mandates vs the forum's tempo
New Delhi5 mandates
Bench median 17 months to outcome · 36% resolved (780 concluded cases)
Gian runs a median 16 months to outcome across 5 concluded mandates.
The benches those mandates sit in run at 17 months, weighted by how many of his cases each one holds —
so he is closing 38 days faster than the forums he files in.
Bench medians run across every concluded CIRP on record at that bench, not only this professional's. Duration turns on the company's condition and the tribunal's listing as much as on the professional — context, not a ranking.
Sector exposure
Construction & Infrastructure2
Financial Services1
Other Services1
Hospitality & Leisure1
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